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30 Startups To Watch: Startups That Caught Our Eyes In April 2024

India, May 1 -- The year 2023 tested the limits of the world's third-largest startup ecosystem. Faced with regulatory hurdles and dwindling funding numbers, Indian new-age tech companies navigated a t... Read More


FirstCry CEO Supam Maheshwari's Monthly Remuneration Halves To INR 8.6 Cr In FY24

India, May 1 -- IPO-bound FirstCry's cofounder and chief executive officer Supam Maheshwari's monthly remuneration declined 49% to INR 8.6 Cr in the first three quarters of FY24 from INR 16.7 Cr in FY... Read More


UPI Transactions See Marginal Dip To 1,330 Cr In April

India, May 1 -- The Unified Payments Interface (UPI) transactions declined slightly, 1% month-on-month (MoM) to 13.30 Bn in April from 13.44 Bn in the previous month. On a year-on-year (YoY) basis, t... Read More


Tribe Capital Doubling Down On Shiprocket With $75 Mn Infusion

India, April 30 -- Silicon Valley-based Tribe Capital is ramping up its investment in logistics startup Shiprocket through its newly launched special purpose vehicle (SPV) in India. Tribe's cofounder... Read More


Regulatory Curbs On Paytm Bank Puts Its Wallet Business In Slow Lane

India, April 30 -- The regulatory actions against Paytm Payments Bank have impacted its mobile wallet business operation, thus bringing it to a standstill. In March, Paytm Payments Bank recorded 7.4 ... Read More


How CodeMate Aspires To Become The Grammarly Of Coding

India, April 30 -- The meteoric rise of GenAI applications has been met with both excitement and scepticism. While, initially, there were fears among many, especially IT professionals, that the emergi... Read More


IPO-Bound FirstCry Reports INR 278 Cr Loss In First Nine Months Of FY24

India, April 30 -- Kids-focussed omnichannel retailer FirstCry posted a consolidated net loss of INR 278.2 Cr for the nine months ending December 2023 in the financial year 2023-24 (FY24). The Pune-b... Read More


IPO-Bound FirstCry Reports INR 278 Cr Loss In Nine Months Of FY24

India, April 30 -- Kids-focussed omnichannel retailer FirstCry posted a consolidated net loss of INR 278.2 Cr for the nine months ending December 2023 in the financial year 2023-24 (FY24). The Pune-b... Read More


Centre Asks Amazon And Flipkart To Set Up ONDC Storefronts On Their Home Pages

India, April 29 -- The government has asked ecommerce players Amazon and Flipkart to set up Open Network for Digital Commerce (ONDC) storefronts on their home pages to help the network scale up operat... Read More


CII Unveils Corporate Governance Charter For Startups

India, April 29 -- The Confederation of Indian Industry (CII) has launched a corporate governance charter for startups to offer tailored guidance and suggestions, aimed at enhancing governance practic... Read More